One of the two principal methods of conducting an initial public offering (IPO), in which the underwriting syndicate doesn’t buy…

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…

A form of waqf (Islamic endowment) in which the output takes the form of services offered to the benefit of…

A big investor, whether a person or organization, who routinely purchases a large number of shares in companies and then…

Arabic (وقف مشترك) for joint waqf; a form of waqf (Islamic endowment) in which the assets (property) assigned as endowment…

The most liquid form of assets which includes petty cash funds, bank deposit balances, and cash equivalents. Cash equivalents are…

A type of sukuk structure (hybrid securities) in which sukuk certificates give the sukuk holders a contingent right to convert…

Arabic (بيع الخيار) for a contract of sale (ba’i) that is embedded with an option (khiyar), granting either party the...

A wakalah contract (aqd al-wakalah) that is binding on either party or both (wakalah mulzimah). While wakalah is essentially not…